7501 Commonwealth Ave - Medical FOR SALE
Buena Park, CA 90621 |
$8,350,000 USD
818-281-7893
7501 Commonwealth Ave
Buena Park, CA 90621
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease, featuring scheduled 2% annual rental increases during the initial lease term and options
- Absolute NNN Lease Structure - Tenant is responsible for everything including base rent, taxes, insurance, CAM, and roof & structure
- Top Tier Orange County (Buena Park) Location
- Freeway On-Ramp & Off-Ramp Access - Located at the on/off ramps for I-5 Freeway and Auto Center Drive
- Excellent Daycare Enrollment - Fully enrolled day care center with waiting list - Long-term security for tenant and investor
- Affluent / Strong Demographics - There are over 642,286 residents living within a 5 mile radius, with an average household income of $107k
FOR SALE DETAILS
PRICE
$8,350,000 USD
PRICE/SF
$935 USD /SF
CAP RATE
5.27%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
20-Yr Abs NNN Leased Kiddie Academy
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1971
SPRINKLERS
-
PARKING SPACES
56
LAND DETAILS
LAND ACRES
0.77 AC
LAND SF
33,541 SF
ZONING
General Commericial
APN/PARCEL ID
277-073-19,277-074-04,277-074-05
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818-281-7893
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818-281-7893
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